Commercial Credit Analyst

SouthPoint Bank; Birmingham (AL); On-site; USD 49,880 - 62,651; Full time

Job summary

A financial institution in Birmingham, AL is seeking an entry-level Credit Analyst to analyze financial statuses and approve loans. The role requires a Bachelor's degree and offers an opportunity for growth within the finance sector. Strong analytical and problem-solving skills are necessary, along with proficiency in Microsoft Office. Join us to contribute effectively to our lending practices and enhance your career in finance.

Qualifications

• Bachelor’s degree or equivalent combination of education and experience required.
• One to three years of experience in credit analysis and loan underwriting.
• Must be able to lift and move up to 10 pounds occasionally.

Responsibilities

• Analyze applicant financial status, credit, and collateral.
• Prepare Credit Offering Reports and Term Sheets.
• Collaborate with Lenders managing matured loans.

Skills

Analytical skills

Problem-solving abilities

Project management

Quality management

Business acumen

Strategic thinking

Adaptability

Time management

Education

Bachelor's degree or equivalent

Tools

Microsoft Office (Word, Excel)

Job description

Essential duties and responsibilities include the following. Other duties may be assigned.

• Analyzes applicant financial status, credit, and collateral evaluation to determine feasibility of granting loans for recommendation.
• Examines, evaluates, and recommends risk rating and loan decision based on analysis
• Prepares Credit Offering Reports and Term Sheets (with Lender assistance).
• Notify loan operations when a loan has been decisioned
• Compiles executed Credit Offering Reports for submitting to loan specialist for booking.
• Collaborates with Lenders managing matured loans.
• Contributes with Lenders on Account Monitoring Plans for accounts and/or relationships.
• Conducts market or industry research when needed.

To perform the job successfully, an individual should demonstrate the following competencies:

Analytical:Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data.

Problem Solving:Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics.

Project Management:Develops project plans; Coordinates projects; Communicates changes and progress; Completes projects on time and budget.

Quality Management:Looks for ways to improve and promote quality; Demonstrates accuracy and thoroughness.

Business Acumen:Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition; Aligns work with strategic goals.

Strategic Thinking:Develops strategies to achieve organizational goals; Understands organization's strengths & weaknesses; Analyzes market and competition; Adapts strategy to changing conditions.

Adaptability:Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation.

Quantity:Meets productivity standards; Completes work in timely manner.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience:Bachelor’s degree or equivalent combination of education and experience required.One to three years of experience in credit analysis and loan underwriting in a financial institution or equivalent experience in loan review, auditing, or financial analysis required.

Computer Skills:To perform this job successfully, an individual should have knowledge Microsoft office products including Word and Excel.

Physical Demand:The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision. While performing the duties of this job, the employee is occasionally required to stand; walk; sit; talk and/or listen.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Finance and Sales

Industries

• Banking